On October 23rd 2024, the Cambodia Securities Plc., team visited the Cambodian Chinese Chamber of Commerce (CCCC). Both sides held in-depth discussions on the topic "How Cambodian Enterprises Can Seize Listing Opportunities?" receiving a warm welcome from the chamber leaders, enterprises, and representatives.
Mr. Chen Jinsheng, Executive Vice President of the CCCC; Wu Qixiang, Executive Director of the Chamber; Zhong Yaohui, Secretary-General of the Chamber; and other members of the Chamber's Youth Committee including Huang Zhiming, Zhu Yongsheng, Cai Weiping, Huang Wenfa, Huang Jincai, Lin Fucheng, Huang Wendi, Yang Fukai, and Wang Shiyun attended the business exchange meeting.
Representatives from Cambodia Securities Plc., shared with the CCCC the importance of enterprises seizing opportunities in Cambodia's capital market and going public.
They pointed out that going public can help enterprises obtain long-term capital for technological innovation, market expansion, and business growth. Secondly, it helps enhance the company’s visibility and brand image, encouraging the enterprise to continuously improve management and operational performance. Moreover, listing can improve corporate governance by establishing a sound governance structure, standardizing business operations, and increasing transparency and credibility. Additionally, going public can bring significant returns to investors, allowing them to share in the dividends from the company’s growth, which contributes to the preservation and appreciation of assets.
The (CCCC) is an important organization that continues the more-than-a-century-long history of the Cambodian Chinese community. It was established on December 26th 1990, jointly by various Chinese associations in Cambodia, and is a legally recognized association approved by the Royal Government of Cambodia. It is the largest association of Chinese descendants and Chinese expatriates in Cambodia.
The CCCC acts as a link and bridge by utilizing kinship, community ties, locality, and industry connections to effectively combine the resources of local Chinese communities, entrepreneurs, and investors from China and around the world. It aims to achieve complementary advantages and assists them in establishing investments and collaborations in Cambodia, making a significant contribution to Cambodia’s economic development.
Cambodia Securities Plc, as an important force in the development of Cambodia’s capital market, has always been committed to providing professional and efficient financial services to enterprises and investors. The company has an experienced professional team that, with their expertise in international markets and in-depth understanding and keen insight into the Cambodian market, continues to play an active role in promoting the development of Cambodia’s capital market.
The exchange between Cambodia Securities Plc and the Cambodian Chinese Chamber of Commerce marked a solid step forward in promoting the development of Cambodia’s capital market. It also opened a window for Cambodian enterprises to understand, participate in the capital market, and plan going and listings.